Internal economic situation in United Arab Emirates

FCO 8/3147 1978 Jan 01 - 1978 Dec 31
Description

This file concerns the internal economic situation in the UAE. It contains correspondence relating to:

  • A paper by the Commercial Secretary at the UK Embassy in Abu Dhabi M J C Glaze, titled 'The Economy as seen from Abu Dhabi: a Round-up'; and a quarterly economic report for the UAE
  • The possibility that Sharjah will experience a period of economic depression
  • Measures taken by the Ruler of Sharjah Sheikh Sultan Bin Mohammad Al Qasimi
  • 'Basic Indicators for the Socio-Economic Development Plan for the Emirate of Abu Dhabi'
  • An International Monetary Fund (IMF) memorandum on the exchange system of the UAE
  • The quarterly economic report from Dubai for the period ending on 31 March 1978
  • The local administration of a loan to Sharjah through the British Bank of the Middle East (BBME)
  • A report on the economic situation in Ras Al Khaimah
  • A report from Mark Gowlland to M W Hunt on the decline in British exports to the UAE
  • Quarterly economic reports for Abu Dhabi, Dubai and the Northern Emirates, 30 June 1978
  • A letter from R L Owen to A M Layden on the federal budget of the UAE, 19 August 1978
  • The quarterly economic reports for Abu Dhabi for the period ending 30 September 1978
  • A loan from Norway to Sharjah to cover design fees and equipment for a twenty-storey exhibition centre, a yacht club and marina and a ten-storey shipping agency complex at the Port
  • The publication of a report on the UAE economy by Chase Manhattan Bank concluding that the UAE economy has fully recovered from the stagnation of 1975 to 1976
  • The quarterly economic report for Dubai for the period ending on 31 December 1978.